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The Bill Lanier Team
60+ years of Midland Real Estate experience
"Where Trust and Our Experience Matter" 
_______________________________________________________________________________________________________
 
 Midland Real Estate Trends 
March 2018

 
The Midland real estate market continues to perform in spectacular fashion. The average sales price for the first two months of 2018 was up a remarkable 10.5% over the same period in 2017 with the average sales price in February of $305,757.  The Lanier Team is proud that they participated in 9.3% of those homes sold.  They are currently seeing multiple offers on many properties and with over 40 qualified buyers seeking homes makes this an excellent opportunity to call the Lanier Team to help with any real estate needs.

Interest rates for a 30-year fixed loan remain at a low 4.5% which is the highest since December 2013 and forecasts are for them to move higher due to the robust economy. Now appears to be an excellent time to buy or sell. 

The Lanier Team is pleased to provide this information as a courtesy to our clients and friends.  Always call on us when you need a Realtor.  Our Team is recognized as a national leader in real estate sales with the world's largest real estate company, Keller Williams Realty. 
432-682-1144
Let us help with you next move!  This courtesy moving trailer is available to our current/past clients and non-profit organizations. (Please call 432-682-1144 for more information)
14750 Kobyn Lane - $1,850,000
 
Breathtaking lush landscaped home in Gardendale! 2 story 8100+ sq ft home with spacious living that opens to a gourmet kitchen! Sequestered master suite with fireplace, pool access & spa-like bath with a clawfoot tub! Upstairs theater room, storage & additional bedroom! Outside is just as spectacular as the inside with a Texas shaped pool,workout room, playground, dog run & room for horses! Additional acreage & amenities are available! 
2004 Humble - $1,675,000
 
Alluring home in Charming Old Midland! Stunning custom features from Australian cypress wood floors to hand distressed pine beams & gorgeous built-in wood cabinets in the study and game rooms! Relax in the French country kitchen and magazine worthy den with access to private yard! French brown pavers grace the dining & hutches frame the fireplace with views of a sparkling pool! Four stylish bedrooms each with a walk-in closet complete this masterpiece!
513 Charismatic - $995,000
 
Beautiful luxury home located in Solomon Estates on approx 1+ acres with over 4,500 sq ft! Wood floors welcome you & lead you to a living area with exposed beams, built-ins and stone fireplace! Gourmet kitchen has high end appliances, prep sink and views of the large pool size yard and  extensive patio! The kids/in-laws have their own wing with play/game room, 3 bedrooms 2 baths and AMAZING storage! Master suite is the perfect retreat with a separate tub and showert and large walk-in closet! Sequestered study/4th bedroom and more storage complete this gem!
Old Midland  Compound
(with Two Homes) 
 
2208 & 2206 Harvard 
$975,000
 
Located in Old Midland  close to Midland Memorial Hospital, downtown and schools is 2208 Harvard (the seller’s main residence) and 2206 Harvard. 2206 Harvard has the potential to be a guest house, mother in-law home, assisted living for a family member, home office or rental property! 
3000 Passage Way - $750,000
 
Build your dream home in north Midland! Country living close to town with pine trees lining the front of the property and only minutes to shopping & restaurants! This property has two water wells that pump 120/80 GPM and a barn (enclosed portion 16X50) with three stalls that could easily be converted to five stalls at the back of the property! Don't miss an opportunity to own this beautiful piece of land!
4505 Teakwood  - $750,000
 
Coming Soon!
 
WOW! Stunning 2 story located on the 3rd hole of Green Tree Country Club golf course! Grand staircase, large fireplace, views of the course & wood floors lead you to a comfomfortable den with wet bar! Past a large  pantry and half bath is gourmet a kitchen with granite, stainless, sub zero refrigerator and  access to patio with hot tub! Main floor master suite has a  connecting study, walk-in closet, jetted tub, fireplace and patio access! Upstairs are 4 bedrooms each with a large closet (one could be in-law suite) and 3 baths!A hobby room, utility closet, game/media room with a full bath and balcony  complete the second floor! Spacious pool size backyard has mature trees and beautiful views of the course!
17148 Sunflower - $675,000
 
Established man camp/trailer park in Gardendale! This property houses 7 units and each unit is a 3bed/2bath, total electric with a  fenced in yard! One double wide unit is a 4bed/3bath, all electric with propane, metal roof, fenced yard and carport! 4 RV sites each is metered separately! 2 water wells (31GPM/25GPM) and separate septic for each unit! Utilities paid by tenants and lawn is cared for by a tenant on the property.
1403 Brighton Place  - $475,000
 
Coming Soon!
 
WOW! Bigger than it looks with 4 beds/3.5baths & spacious yard! This home also has the HOA amenities such as pool, tennis court and playground! Bright open concept with high ceilings, plantation shutters, crown molding and views of patio with outdoor speakers! Kitchen offers dining area w/trey ceiling, ample prep space, stainless appliances, granite & opens to den with fireplace, built-ins and wet bar as well as patio doors to the backyard! Sequestered master suite with fireplace, spa-like bath, jetted tub and his/her closets! 3 bedrooms on the east wing each with an intercom (one could be a in-law plan with a full bath)! Don't miss the workbench area and large storage in the garage! 
4008 Radcliff Ct. - $550,000
 
Spacious low maintenance home w/shop! Great open floor plan w/high ceilings, large formals & views of yard & shop/shed w/electricity! Past a wet bar is a den w/built-ins, side yard & gourmet kitchen w/granite, stainless appliances & ample prep space! Sequestered guest bedroom w/walk-in & large utility room!HUGE master w/jetted tub, large walk-in closet with built-ins, separate shower & dual vanities! 2 roomy bedrooms each w/walk-in share a Jack-N-Jill bath & open to a hall w/cedar closet!
3307 Hill St. - $110,000
 
Charming 1950's home!Vinyl siding gives a charming feel to the exterior of this 3bed/1bath!Rich dark wood floors welcome you into a living w/views of the front yard!Cozy kitchen has an electric stove & eat-in area!Off the living is a sequestered master bedroom w/walk-in closet and convenient washer/dryer connections!Down the hall are 2 roomy bedrooms(1 w/hardwood floors & 2 closets) & a hall bath. 
Homes we sold in 2017!   
 5 Hanover               
3700 Trinity                    
4100 SCR 1187                
6004 Clarewood 
5805 Lincoln Green         
3908 Kniffen                  
 712 Augusta                   
3930 Edgebrook               
5008 Hilltop   
5004 Teakwood             
2704 Parton Way            
1912 Gladewood            
4452 Dogwood                
2803 Savoy                     
503 Solomon                   
5504 Drexel   
5505 San Clemente         
4207 Greenbriar           
1710 Normandy             
4101 SCR 1187              
1609 Winfield                
4104 Crestridge             
2205 Bedford                 
6221 Prairie Ridge         
5322 Ellen Jayne            
6911 Cactus Trail           
4307 Todd                     
2509 Fairview                
908 Shirley                     
4823 Spring Meadow #2  
2520 Quail Point             
 416 Mile High                 
4508 Fairbanks             
 600 Memorial                
1500 Neely                     
3203 Chelsea                  
3309 Marble                    
3112 Chelsea                
2910 Caldera                 
2912 Emerson                
3416 Bedford                  
2909 Caldera                  
2808 Stutz                     
2833 Metz                      
10800 ECR 97                  
5701 Rio Grande             
705 Nolan Ryan               
3513 Hyde Park               
2905 Princeton                
6204 Shea Lane               
4305 Arroyo                    
4109 Godfrey                  
10905 ECR 105                
706 Dimaggio                  
3006 Sentinel                 
 407 Mantle                     
1905 W Ohio                    
3608 Dentcrest                
2805 Metz                       
 909 Ventura                   
 804 Shea                        
3535 Imperial                 
4609 St. Andrews             
2912 McDonald                 
3902 Bedford                  
3810 Cedar Spring            
3210 Whittle Way             
4003 NCR 1247                 
2107 Hughes                   
3221 Dengar                    
3414 Wedgewood            
1602 Shell                      
727 W Dormard               
3310 Camarie 
3708 SCR 1184 
3312 Canemont  
702 Sandelwood 
3215 Baumann 
2401 Whittle Way 
520 S Bentwood  
1403 Mogford
3400 Bedford 
1406 Lanham  
3522 W Ohio 
4804 W Illinois 
3801 Cedar Spring
10201 WCR 50 
3311 Delano 
800 Brooks 
3700 Trinity Drive 
5805 Lincoln Green 
2509 Fairview 
4307 Todd Road
2909 Caldera 
2833 Metz 
706 Dimaggio 
3312 Canemont 
4603 Parkdale 
1406 Lanham 
3522 Ohio  
4403 Harlowe  
3615 Apache  
3704 Avondale 
501 W Scharbauer #17 
4306 Pleasant
501 W Scharbauer #29 
*** The information above has been obtained from the Permian Basin Board of Realtor's Multiple Listing Service (and other sources) and is deemed accurate but not guaranteed. Permian Basin Board of Realtors MLS Information - Copyright 2011 - All Rights Reserved
Lanier & Co. @ Keller Williams • PO Box 2291 • Midland, TX 79702
http://billlanier.com
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